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Property profile & analytics
FOR LEASE
Office buildings

5706 Turney Rd Garfield Heights, OH 44125

20,250 SF 0.91 ac lot Built 1977
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-2339177
Property summary
AI-generated overview

This exceptional office property, located at 5706 Turney Road in Garfield Heights, Ohio, offers a variety of lease options ideal for medical or executive office uses. The building, constructed in 1977, is classified as Class C and features a total of 70 parking spaces for tenant and visitor convenience. Tenants can choose from multiple suites, with sizes ranging from a minimum of 403 square feet to a maximum contiguous space of 916 square feet. Currently, ten suites are available for lease. The property is situated in Cuyahoga County, Ohio, with easy access via its convenient location at 41.4076587 latitude and -81.5996175 longitude. A significant advantage is the inclusion of all utilities within the lease rate, minimizing operational costs for tenants. The only expense borne by the tenant is their own WIFI service. This makes this property an attractive option for businesses seeking cost-effective and functional office space in a well-located building with ample parking. The flexible suite sizes cater to a range of business needs, from small startups to established practices. This is a prime opportunity to secure office space in a well-maintained building with convenient amenities. The zip code for this property is 44125.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 20,250 SF
Lot 0.91 ac (39,600 SF)
Zoning code U-4
APN 542-36-001
UPID US66-2339177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.09M
Owner & transaction history
Pessy Capital Coinpany LLC · 4 yrs held
Pessy Capital Coinpany LLC
since 2021
Last sale
$817,000
4 recorded transactions
2021
$817,000
2001
$1.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
U-4 · Garfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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